eHealth Inc. (NASDAQ: EHTH) is -17.76% lower on its value in year-to-date trading and has touched a low of $47.84 and a high of $151.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EHTH stock was last observed hovering at around $58.95 in the last trading session, with the day’s loss setting it -0.88% off its average median price target of $63.00 for the next 12 months. It is also 41.93% off the consensus price target high of $100.00 offered by 13 analysts, but current levels are -23.55% lower than the price target low of $47.00 for the same period.
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Currently trading at $58.07, the stock is -3.88% and -13.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -1.49% at the moment leaves the stock -30.34% off its SMA200. EHTH registered -51.06% loss for a year compared to 6-month gain of -15.31%. The firm has a 50-day simple moving average (SMA 50) of $65.23 and a 200-day simple moving average (SMA200) of $72.08.
The stock witnessed a -27.18% loss in the last 1 month and extending the period to 3 months gives it a -22.16%, and is 8.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.38% over the week and 8.02% over the month.
eHealth Inc. (EHTH) has around 1500 employees, a market worth around $1.41B and $582.80M in sales. Current P/E ratio is 35.02 and Fwd P/E is 13.40. Profit margin for the company is 13.40%. Distance from 52-week low is 21.38% and -61.71% from its 52-week high. The company has generated returns on investments over the last 12 months (12.30%).
eHealth Inc. (EHTH) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for eHealth Inc. (EHTH) is a “Overweight”. 13 analysts offering their recommendations for the stock have an average rating of 2.20, where 5 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
eHealth Inc. is expected to release its quarterly report on 04/29/2021 and quarterly earnings per share for the current quarter are estimated at $0.12 with sales reaching $110.49M over the same period.The EPS is expected to grow by 61.30% this year, but quarterly earnings will post 20.40% year-over-year. Quarterly sales are estimated to grow 26.00% in year-over-year returns.
eHealth Inc. (EHTH) Top Institutional Holders
345 institutions hold shares in eHealth Inc. (EHTH), with 1.14M shares held by insiders accounting for 4.29% while institutional investors hold 115.18% of the company’s shares. The shares outstanding are 26.49M, and float is at 24.79M with Short Float at 9.09%. Institutions hold 110.24% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 3.99 million shares valued at $281.54 million. The investor’s holdings represent 15.40% of the EHTH Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 2.24 million shares valued at $157.95 million to account for 8.64% of the shares outstanding. The other top investors are FMR, LLC which holds 2.16 million shares representing 8.35% and valued at over $152.75 million, while Ruffer LLP holds 5.59% of the shares totaling 1.45 million with a market value of $102.22 million.
eHealth Inc. (EHTH) Insider Activity
A total of 8 insider transactions have happened at eHealth Inc. (EHTH) in the last six months, with sales accounting for 6 and purchases happening 2 times. The most recent transaction is an insider sale by Oliver Jack L III, the company’s Director. SEC filings show that Oliver Jack L III sold 4,077 shares of the company’s common stock on Oct 27 at a price of $74.41 per share for a total of $0.3 million. Following the sale, the insider now owns 38413.0 shares.
eHealth Inc. disclosed in a document filed with the SEC on Aug 07 that Morelock Phillip A (Chief Digital Officer) bought a total of 950 shares of the company’s common stock. The trade occurred on Aug 07 and was made at $78.29 per share for $74376.0. Following the transaction, the insider now directly holds 30376.0 shares of the EHTH stock.
Still, SEC filings show that on Aug 05, Flanders Scott N (Chief Executive Officer) acquired 32,752 shares at an average price of $73.63 for $2.41 million. The insider now directly holds 703,024 shares of eHealth Inc. (EHTH).
eHealth Inc. (EHTH): Who are the competitors?
The company’s main competitors (and peers) include Arthur J. Gallagher & Co. (AJG) that is trading 15.93% up over the past 12 months. Brown & Brown Inc. (BRO) is -0.80% down on the 1-year trading charts. Short interest in the company’s stock has fallen -20.0% from the last report on Dec 30, 2020 to stand at a total of 2.7 million short shares sold with a short interest ratio of 1.64.